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Financial Planning

Colonial's discussions with 452 Capital called off

THURSDAY, 17 MAR 2005 1:30PM

The Commonwealth Bank has notified the Australian Stock Exchange (ASX) that it has ceased discussions with Peter Morgan's 452 Capital regarding the potential purchase of a majority stake in the boutique fund manager.

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Editor's Choice

Pengana takes WAM feud over PIA to Takeovers Panel

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Pengana Capital Group is again attempting to thwart the Wilson Asset Management-led board's share buyback and increased ownership in the Pengana International Equities LIC (PIA), hoping the Takeovers Panel will intervene.

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ASFA has named a new C-suite appointment, set to join on September 21 from Rest to strengthen its policy implementation initiative.

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